{"id":313598,"date":"2026-10-16T13:23:19","date_gmt":"2026-10-16T07:53:19","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=313598"},"modified":"2026-10-16T13:23:19","modified_gmt":"2026-10-16T07:53:19","slug":"wipro-poised-to-lag-peers-in-fy27-can-timely-deal-conversions-turn-the-tables","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/wipro-poised-to-lag-peers-in-fy27-can-timely-deal-conversions-turn-the-tables\/","title":{"rendered":"Wipro Poised to Lag Peers in FY27. Can Timely Deal Conversions Turn the Tables?"},"content":{"rendered":"

Wipro FY27 growth looks set to trail peers after Q2 FY27: constant currency IT services revenue rose only 0.6% YoY, Q3 guidance is -1.5% to +0.5% and large deal bookings fell 59% QoQ to $674 million. Two deals slipped to Q3, and brokerages see possible upside in Q4 if they convert. Targets run from Rs 143 to Rs 180 against about Rs 184 now. I could not read the Mint Premium piece, so this uses results and brokerage notes.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

Wipro FY27 growth is expected to lag peers because Q2 FY27 constant currency IT services revenue rose only 0.6% YoY, against 2.6% to 7.2% for HCLTech, TCS and Tech Mahindra. Q3 guidance of -1.5% to +0.5% sequentially is weak, large deal bookings fell 59% QoQ to $674 million, and Dam Capital expects Wipro FY27 revenue to be flat. Timely deal conversions are the swing factor, since management said two deals slipped to Q3 because of paperwork and PL Capital sees possible Q4 upside. The stock rose about 6% to Rs 184.32 on 16 October, above every brokerage target I found, so the Wipro FY27 story needs conversions to show up in numbers.<\/p>\n<\/p><\/div>\n

Wipro reported a 1.4% fall in Q2 FY27 net profit to Rs 3,201 crore on revenue of Rs 24,753 crore, up 9.1% in rupee terms. The rupee gain hides a flat dollar business, which is the core worry behind the view that Wipro FY27 will trail the sector.<\/p>\n

This guide covers the Q2 numbers, how Wipro FY27 compares with TCS, HCLTech and Tech Mahindra, what brokerages say, what deal conversions need to deliver and the risks. It is educational and not a recommendation to buy or sell.<\/p>\n

Click Here – Get Free Investment Predictions<\/a><\/strong><\/p>\n

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